Analyst Pin-board US: Recent NABE Survey
Highlights.
A recent panel and survey by the National Association for Business Economics (NABE) show that:
- Panelists have grown more optimistic about the prospects for economic growth in 2021. The median forecast for real GDP growth in Q1 calls for an increase of 3.4% q/q, annualized. This number rose from 2.9% in the December survey.
- The median forecasts for the rest of the year are 5.2% in Q2, 5.6% in Q3 and 4,8% in Q4.
- For 2021, the change in real GDP is estimated at 4.8%, tapering off at 4.0% in 2022.
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